705 Narcissus Avenue
Corona del Mar, CA 92625
- 4 beds
- 2 baths
- 2,000 sqft
- 3,485 sqft lot
- $1,500 per sqft
- 1960 build
- – on site
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Welcome to the stunning seaside community of Corona Del Mar, where the perfect blend of coastal charm and luxurious living makes this coastal paradise extremely attractive to discerning homebuyers, capable developers, and savvy investors! Nestled amidst palm-fringed streets and just a short walk into town or to the beach, this exceptional duplex offers two spacious 2 bedroom 1 bathroom units, with a beautiful central courtyard separating the front and rear units, community laundry, and a two car garage. Both units have leases through Summer of 2024 (front and rear). The property is being sold as-is. From a re-development perspective, the subject property is an ideal candidate for redevelopment. The city of Newport Beach launched an incentive program for the preservation of beach cottages on January 25, 2022, which allows owners to build substantial additions (up to 50 percent of the existing floor area or a maximum of 750 square feet) without providing the minimum code-required parking. Only the structure affected by the renovation/addition will have to comply with current building code standards. Refer to city website for more details. Showings will only be scheduled with qualified offers, and will be made by appointment only, do not disturb tenants.
Listed By CRMLS_CA / James Vanar / Anchor West Properties, Inc. / 949-392-3242
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Last updated Apr 20, 2024
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MLS# OC23132107 —
Walk Score®
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Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
2/20/24
Feb 20, 2024
|
BRIDGE | $3,195,000 | -4.6% | |
10/3/23
Oct 3, 2023
|
BRIDGE | $3,350,000 | ||
10/3/23
Oct 3, 2023
|
Sold Subject To Contingencies | CRMLS_CA | $3,350,000 |